Today we will analyze the stock NORTHERN FREEGOLD RESOURCES LTD (NFR.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in NORTHERN FREEGOLD RESOURCES LTD (NFR.V)
1- Last bearish trend was from 0.30 $ (2/1/2012) to 0.27 $ (2/2/2012) a 0.03 $ move 2- The current bullish trend started from 0.27 $ at 2/2/2012 and is currently trading at 0.28 $.
3- NFR.V current support level is at 0.28 which is the 23.60 % fibonacci retracement of the last 0.03 $ move.
4- NFR.V current resistance level is at 0.28 which is the 38.20 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
NORTHERN FREEGOLD RESOURCES LTD (NFR.V) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.300 and 0.320, and is currently resisting at 0.292.
NORTHERN FREEGOLD RESOURCES LTD (NFR.V) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.070 $ height triangle which was broken down at 0.300, target of the pattern is 0.230.
NORTHERN FREEGOLD RESOURCES LTD (NFR.V) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.140 $ height triangle which was broken down at 0.320, target of the pattern is 0.180.

Stock Trading Conclusion:
NORTHERN FREEGOLD RESOURCES LTD (NFR.V) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.281, 0.285, 0.289, 0.292, 0.300, 0.308, 0.319, 0.425, 0.440.
Stock Support levels : 0.278, 0.277, 0.276, 0.275, 0.274, 0.270, 0.230,.